Our Story
Perseus Mining is a rapidly growing African focused gold producer, developer, and explorer.
A premier African focused Gold Company
Perseus started life as a junior exploration company in 2004, exploring tenements in both Ghana and Côte d’Ivoire. In 2006, we acquired the Ayanfuri exploration licences in Ghana that had previously hosted heap leach mining operations. Significant exploration success followed, and we rapidly evolved from explorer to developer and then gold producer in 2012 with the successful development of the Edikan Gold Mine.
In pursuing our strategy of becoming a multi-mine, multi-jurisdictional gold producer, developer and explorer, we developed our second gold mine, the Sissingué Gold Mine in Côte d’Ivoire, based on an exploration discovery made early in the company’s history. Since achieving commercial production at the end of March 2018, Sissingué has surpassed all expectations, routinely exceeding internal targets for run time, recovery, gold production and costs.Â
We commenced development of our third mine, the Yaouré Gold Mine, also in Côte d’Ivoire in May 2019, three years after the acquisition of Amara Mining plc. Yaouré first gold was poured ahead of schedule in December 2020, and Perseus declared commercial production in March 2021.
In 2024, we acquired the Nyanzaga Gold Project in Tanzania via our takeover of OreCorp (ASX: ORR). We are moving ahead with the development of Nyanzaga after a positive FID in April 2025. First gold is expected in January 2027.
We remain an African-focused gold company where we believe our many years of proven development and operational experience provides a competitive advantage for our company.